The Coastal Bend College
Foundation is a 501(c)(3) nonprofit corporation that was organized and
incorporated in 2000 to stimulate private support for the benefit of the
College and its students.

The Foundation, located
in Beeville, has a staff of three, and a 23-person board
representing all of the communities with CBC campuses.

What do we do?

The Foundation serves as
a repository for all private, non-governmental gifts and support received on
behalf of the College. It solicits, accepts, manages, invests and distributes
contributions, and communicates with donors and prospects regularly.

The Foundation raises
and manages private contributions that support the mission and priorities of
the College, provides educational opportunities for students, and enhances
institutional excellence. These funds are used for CBC Foundation
scholarships and/or operational needs, along with overall growth for future
needs.

How do we manage funds?

Foundation financial
policies are directed and supervised by the CBC Foundation Finance &
Governance Committee, with advice and consent of the CBC Foundation Board.
Individual investments are directed through institutional professionals,
such as fund managers, or with professional independent advisors, and
accomplished with careful attention to risk and a balanced approach with
respect to equities, fixed income, and alternative investments. The
Foundation's investment policy ensures that its funds are invested in a prudent
manner, and that interest, dividends, and capital gains are reinvested in a way
that is consistent with the goals and objectives of the Coastal Bend College
Foundation and the wishes of the original donor.